What the FED funds rate does affect is CC interest rates, which are at all-time highs.

Mortgage is only $1400 with 4% rate, inflation is 3%Fast forward to 2023, same house is $1 mil ; principal paid is about $150-$80k, remaning mortgage is $120-$140k with 40-55% LTV.When I paid $1400 in 2023, it is not inflation adjusted, if it's inflation adjusted, I shall pay $2,000 instead.In US of A , with current mortgage process, the advantage is with the borrower, the disadvantage is with lender (precisely reason why BAC/SVB is falling because they are the holder of our notes).Now the following is still true in US of A:1. home price is still rising albeit slowing down2. fixed mortgage rate is still available and sometimes we could get the rate BELOW inflation rate3. actual Fed real rate compare to inflation is still zero.Now when people do leverage in mortgage, after 8-10 years, you could pay off one of the property, with the equity from other house.With cash you can't do that. 

Transferring to an LLC is not seen as estate planning or an inheritance event.I suppose for the sake of the mention, we did just hear rates will not be suppressed by the Fed.  

Right now, the Fed is telling the market quit being investors, quit being speculative, and stay trim.  

What happens next in the economy…- The Fed will loose control of inflation, as they never really had control of it.- Corporate debt service default will increase in droves, starting with pensions and retirement funds.- The Fed will cause a major debt spiral accelerated by bond buy backs it can not afford to do, in-tern being forced to let inflation take its course much higher.- Lending will become extremely tight in real estate, with only those who have strong relationships and track records having access to debt.- Multifamily rental properties purchased right with lower rent expectations will prosper, as a larger population will be forced to become life time renters.- Investors poised correctly will prosper, as opportunities will be in abundance from those who bought wrong within the past 2 years.

We all know why R.E. companies are hurting lol...the rates are killer...Essentially, we are paying for our sins...shutting down the country, massive government spending & the FEDS QE / cheap money.

But, like any government program, the hungry beast must be fed!

If you have a choice where to spend your investment dollars, and we all do, we go where the grass is greener.

Interest rates have been driven by government giving everybody everything they've asked for, which causes inflation, which prompts the fed to raise rates to tamp down inflation.

Note taken will do, yeah, my mom said I was supposed to receive a deed in the mail, and I've never gotten one, but I am legally responsible in the cities documents they charge me the taxes on the estate and go after me if the grass or weeds get too high.